"Protect Your Bank Account from SIM Swap Fraud with Google Fi's 'Number Lock'"
TL;DR
A journalist recounts their experience with port-out hijacking, a form of identity theft where criminals steal phone numbers to bypass security measures like two-factor authentication. Despite following best practices for online security, the journalist had $19,000 stolen from their credit card. The FCC has introduced new regulations to combat this crime, but their implementation has been delayed. Experts warn that SIM-swapping scams are on the rise and becoming more sophisticated, highlighting the need for stronger consumer protection protocols.
Topics:businesscybersecurity#consumer-protection#cybercrime#cybersecurity#fcc-regulations#identity-theft#sim-swapping
- What's worse than thieves hacking into your bank account? When they steal your phone number, too The Associated Press
- Mobile banking: alarm as fraudsters take over handsets and raid accounts The Guardian
- One Tech Tip: Protecting yourself against SIM swapping WDIV ClickOnDetroit
- Google Fi's 'Number Lock' adds protection against SIM swaps - here's how to enable it ZDNet
- Google Fi’s new ‘Number Lock’ protects against SIM swaps 9to5Google
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